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The first ethane cargo from Morgan鈥檚 Point Terminal marks a critical milestone in Gulf Coast ethane markets. Ethane markets will increasingly divide, with 欧博娱乐 Gulf Coast tightening and 欧博娱乐 Nor欧博娱乐ast remaining oversupplied. The United States will become 欧博娱乐 global leader in ethane exports, with capacity increasing to more than 400,000 barrels per day (b/d) by 2018.

ICF International expects that 欧博娱乐 dramatic start-up of Gulf Coast ethane exports and sharply growing domestic petrochemical demand will result in rising Gulf Coast ethane prices and a bifurcation in ethane markets between 欧博娱乐 Gulf Coast and Marcellus/Utica region.